Bullboard - Stock Discussion Forum Algonquin Power & Utilities Corp T.AQN

Alternate Symbol(s): AQN | T.AQN.PR.A | T.AQN.PR.D | AGQPF

Algonquin Power & Utilities Corp. is a Canada-based diversified international generation, transmission, and distribution company. The Company through its two business groups, the Regulated Services Group, and the Renewable Energy Group, provides sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one... see more

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TSX:AQN - Post Discussion

Algonquin Power & Utilities Corp > Andrew Pink - BNN comment

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Post by Possibleidiot01 on Jan 08, 2024 4:25pm

Andrew Pink - BNN comment

COMMENT

He was a longtime holder until the last CEO left. It was a very well-run business, but they overextended to buy assets in Spain. The structure was complicated. All the independent power producers suffered higher costs for materials as interest rates rose. AQN has new managers who did a strategic review, so AQN appears more stable. Was upgraded today. We may have seen a bottom below $7.

electrical utilities

N/A